The plan has eight projects that will help expand current programs and develop new ones.
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One of these projects is expanding one of downtown's largest attractions, the Maryland Theatre.
"We attract 100,000 people annually so I think that by investing in the theater you're opening up the opportunity to have visitors come to the downtown that may never have come otherwise," said Jessica Green, Operations Director at the Maryland Theatre.
With this plan, officials want to increase performances from 150 to 225 a year, create new a entrance, offices and performance space and improve the theater's seating and "back of house."
"So we can offer different multi-use spaces, maybe dance classes, maybe more classroom space for the Barbara Ingram School and also different areas of the theater that would allow our patrons to have a better theater experience," said Green.
In the first year, the plan includes expanding Downtown event programming and the Theatre is doing just that with their revamped summer Wind Down series.
"We're really starting to include many more of the local restaurants at our events, we're having kids activities," said Green. "Really trying to attract a wider demographic to our Wind Down series."
The Mayor said the plan will cost nearly $125 million but the majority will be private investment and this project should create an estimated 875 new jobs in the future.
"The idea is you take public money to leverage the private investments so we every dollar being invested, and that could be county, state and
The eight catalytic projects are: Strategy for Office Development & Recruitment, Maryland Theater Expansion Project, USMH Expansion Support Strategy, Hotel/Conference Center & Heritage Center/Commemorative Park,
To view thefull ten year plan in detail, click here:http://www.hagerstownmd.org/DocumentCenter/View/2321